Which of the Following Is Considered a Nonadmitted Asset for an Insurer

question 38

Multiple Choice

Which of the following is considered a nonadmitted asset for an insurer?

• A)cash
• B)preferred stocks
• C)real estate
• D)office furniture

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Definitions:

Health Care Decisions

Health care decisions refer to choices and determinations made about medical treatment and patient care, often involving considerations of ethical, legal, and personal health factors.

Preponderance Of The Evidence

A legal standard that requires more than 50% of the evidence to support one side in a civil case.

Civil Case

A legal dispute between two or more parties in which compensation may be awarded to the victim as opposed to criminal sanctions.

Law

A system of rules created and enforced through social or governmental institutions to regulate behavior.